1. Where we work
  2. Tadjoura Port Project
Search

Tadjoura Port Project

Djibouti

Borrower Djibouti
Financing Type Public Sector
Instrument Project Loan
Focus Area Transportation
Approved 11.12.2013
Signed 20.02.2014
Status Completed
Loan Administrator OPEC Fund
Executing Agency Autonomous International Port of Djibouti
Co-financiers AFESD, SFD, Djibouti Gov.
OPEC Fund Contribution (US$m) 7.00
Total Project Cost (US$m) 81.97

To construct a new port in Tadjoura in the northern region, one of Djibouti’s poorest, in response to the fast and continuing traffic to and from the port. Works to be carried out include:

  • implementation of offshore installations, including offshore drilling and filling, as well as the construction of a specialized pier for ro-ro vessels and breakwaters
  • construction of infrastructure and buildings of the port
  • provision of equipment and supplies
  • consultancy services
Economic activities in the project area, which includes tourism, animal husbandry, vegetable cultivation, trade and fishing are expected to improve significantly as a result of the project. The increased level of trade and overall economic activity will boost the development of the regions surrounding not only the port itself, but also the 114-km road connecting the port to neighboring Ethiopia. New job opportunities will also be created, thereby reducing migration to the capital Djibouti City. In all, around 200,000 people will benefit from the project.

Search operations